Interparfums (NASDAQ:IPAR) Upgraded at Wall Street Zen

by · The Cerbat Gem

Wall Street Zen upgraded shares of Interparfums (NASDAQ:IPAR – Free Report) from a hold rating to a buy rating in a research report report published on Saturday morning.

Other analysts also recently issued research reports about the stock. Canaccord Genuity Group reaffirmed a “buy” rating and set a $123.00 price target on shares of Interparfums in a research note on Wednesday, November 19th. Zacks Research raised Interparfums from a “strong sell” rating to a “hold” rating in a research note on Monday, February 2nd. Berenberg Bank assumed coverage on Interparfums in a report on Friday, November 21st. They set a “buy” rating and a $103.00 price objective on the stock. Jefferies Financial Group initiated coverage on Interparfums in a research report on Wednesday, January 14th. They set a “buy” rating and a $112.00 target price for the company. Finally, UBS Group set a $103.00 target price on Interparfums in a report on Friday, November 21st. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $119.14.

Get Our Latest Stock Report on Interparfums

Interparfums Trading Down 0.3%

NASDAQ IPAR opened at $91.20 on Friday. The stock has a market cap of $2.92 billion, a PE ratio of 17.40 and a beta of 1.21. Interparfums has a 12 month low of $77.21 and a 12 month high of $142.61. The company’s 50-day moving average price is $96.19 and its 200-day moving average price is $93.86. The company has a current ratio of 2.99, a quick ratio of 1.97 and a debt-to-equity ratio of 0.11.

Interparfums (NASDAQ:IPAR – Get Free Report) last announced its quarterly earnings data on Tuesday, February 24th. The company reported $0.88 earnings per share for the quarter, beating analysts’ consensus estimates of $0.78 by $0.10. The company had revenue of $386.18 million during the quarter, compared to analyst estimates of $366.76 million. Interparfums had a net margin of 11.31% and a return on equity of 15.76%. The firm’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter last year, the business posted $0.82 EPS. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. Equities research analysts forecast that Interparfums will post 5.14 earnings per share for the current year.

Interparfums Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be given a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend is Monday, March 16th. Interparfums’s dividend payout ratio is presently 61.07%.

Hedge Funds Weigh In On Interparfums

A number of hedge funds and other institutional investors have recently modified their holdings of IPAR. Hantz Financial Services Inc. raised its stake in Interparfums by 172.2% in the fourth quarter. Hantz Financial Services Inc. now owns 343 shares of the company’s stock worth $29,000 after buying an additional 217 shares in the last quarter. Exchange Traded Concepts LLC purchased a new stake in Interparfums during the third quarter worth $34,000. Aster Capital Management DIFC Ltd bought a new stake in Interparfums during the 3rd quarter valued at $35,000. Advisory Services Network LLC bought a new stake in Interparfums during the 3rd quarter valued at $40,000. Finally, Global Retirement Partners LLC increased its holdings in shares of Interparfums by 39.0% in the 4th quarter. Global Retirement Partners LLC now owns 481 shares of the company’s stock valued at $41,000 after acquiring an additional 135 shares during the period. 55.57% of the stock is currently owned by institutional investors.

Interparfums Company Profile

(Get Free Report)

Interparfums, Inc is a global fragrance company that designs, manufactures and distributes a broad range of premium perfume and cosmetic products. Operating primarily through licensing agreements with established fashion and luxury brands, the company oversees every stage of product development from concept and formulation to production and global distribution. Its portfolio encompasses well-known names in the fragrance industry, including Montblanc, Coach, Jimmy Choo, Van Cleef & Arpels and Lanvin, among others.

The company’s core activities include fragrance creation, brand management and international logistics.

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